[Form 4] SandRidge Energy, Inc. Insider Trading Activity

Rhea-AI Filing Summary

SandRidge Energy insider filing: Dean Parrish, SVP & Chief Operating Officer, reported transactions on 09/01/2025 involving common stock and restricted stock units. The Form 4 shows an award of 1,000 restricted stock units that convert to one share each and will vest over four years in increments (25% upon timely filing of the company's 2024 annual report, 25% on 09/01/2025, and 25% on each subsequent 09/01 anniversary). The filing also records the acquisition of 1,000 common shares (code M) at $0.00 and a disposition of 291 shares sold at $11.84, leaving 30,286 common shares beneficially owned after the transactions and 2,000 shares underlying RSUs. The form was signed by an attorney-in-fact on 09/02/2025.

Positive

• 1,000 restricted stock units granted, aligning executive compensation with shareholder value over a multi-year vesting schedule
• Vesting schedule includes a milestone tied to timely filing of the 2024 annual report, linking pay to corporate compliance

Negative

• 291 shares sold at $11.84, representing a reduction in direct holdings (though amount appears modest)
• Some shares remain unvested (2,000 underlying RSUs total), so full ownership is contingent on future vesting conditions

Insights

Corporate Governance Expert

TL;DR: Routine executive grant and small sale; aligns executive incentives with shareholders while reflecting minor liquidity.

The report documents a standard equity compensation grant and a small open-market sale by the SVP & COO. The 1,000 restricted stock units provide multi-year vesting alignment with long-term performance and reporting milestones. The 291-share disposition at $11.84 is modest relative to total holdings and appears to be a routine sale rather than a material change in ownership. No borrowings, option exercises for cash, or unusual derivative activity are reported. Impact on governance and control is immaterial based on disclosed amounts.

Securities Analyst

TL;DR: Transactions are small and procedural; they do not materially change insider ownership or company capital structure.

The filing shows the conversion/acquisition of 1,000 shares tied to RSUs and a small sale of 291 shares at $11.84. Post-transaction beneficial ownership of 30,286 shares and 2,000 shares underlying RSUs implies limited dilution risk and no immediate market-moving implications. This is a routine disclosure under Section 16 and does not indicate major insider reallocation or liquidity event.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Parrish Dean

(Last) (First) (Middle)

1 EAST SHERIDAN AVENUE

SUITE 500

(Street)

OKLAHOMA CITY OK 73104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SANDRIDGE ENERGY INC [ SD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/01/2025		M		1,000	A	$0.00	30,577	D
Common Stock	09/01/2025		F		291	D	$11.84	30,286	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	09/01/2025		M			1,000	(2)	(2)	Common Stock	1,000	$0.00	2,000	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock.

2. Restricted units granted to the reporting person will vest over four years in four increments: (i) 25% on the timely filing of the company's annual report on Form 10-K for the year ended December 31, 2024, (ii) 25% on September 1, 2025, and (iii) 25% on September 1 for each one-year anniversary thereafter.

Remarks:

	/s/ Gaye Wilkerson, as attorney in fact for Dean Parrish	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Dean Parrish (SD) report on the Form 4?

The Form 4 reports a grant of 1,000 restricted stock units, acquisition of 1,000 common shares (code M) at $0.00, and a sale of 291 shares at $11.84 on 09/01/2025.

How many SandRidge Energy shares does the reporting person own after the transactions?

The filing shows 30,286 shares beneficially owned after the reported transactions and 2,000 shares underlying restricted stock units.

What are the vesting terms for the restricted stock units granted to Dean Parrish?

The RSUs vest over four years: 25% upon timely filing of the 2024 annual report, 25% on 09/01/2025, and 25% on each subsequent 09/01 anniversary.

Was the Form 4 signed and when?

The form was signed by an attorney-in-fact, /s/ Gaye Wilkerson, on 09/02/2025.

Does the filing indicate any derivative transactions or option exercises?

Yes. The filing discloses restricted stock units (a derivative award) representing contingent rights to receive common stock; no option exercises for cash were reported.